Why is Sinclairs Hotels falling/rising?

As of 04-Jul, Sinclairs Hotels Ltd is experiencing a rise in its stock price, currently at 98.60, reflecting an increase of 1.54 or 1.59%. The stock has shown a positive trend today, gaining after two consecutive days of decline and outperforming its sector by 1.44%. It reached an intraday high of Rs 101.71, indicating strong performance within the day. However, despite this short-term gain, the stock has underperformed over the past year, with a return of -15.00%, while the broader market has generated a return of 4.23%. The company’s low debt-to-equity ratio is a positive factor, but its long-term growth prospects are concerning due to stagnant net sales and operating profit growth rates of 3.29% and 2.33%, respectively, over the last five years.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has outperformed the Sensex by 10.23% over the past week, while the Sensex has declined by 0.74%. However, the stock's liquidity appears to be declining, with a significant drop in delivery volume, which fell by 72.15% against the 5-day average. Additionally, the stock is trading at a premium compared to its peers, with a high price-to-book value of 4.4, which may deter potential investors. The lack of domestic mutual fund investment further suggests a lack of confidence in the stock's valuation and future performance, contributing to its mixed outlook despite the recent price increase.